Why it makes sense to invest in Dubai
As the oil reserves are set to run out in a few years the rulers of Dubai have set about creating the very best the world can offer to attract tourism. A new Dubai is emerging: a Dubai that offers the highest standard of living with no compromise.
Some of the benefits Dubai has to offer:
- All year round sunshine
- Tax-free environment
- Cosmopolitan community
- One of the world's highest standards of living
- Low inflation
- One of the safest cities in the world
- Low cost of living
- Stable currency
- Peaceful co-existence of ethnic groups
Dubai Property the facts
Dubai real estate is five times cheaper than in London
Dubai rentals are returning between 7% and 11%
Properties are increasing up to 30% between build and completion.
Dubai is adding 85,000 housing units to accommodate the increase of population from 1 million to 3 million in the next 3 years.
Dubai has he fastest growing population in the world with an increase of 24% last year
Mortgages are available at approximately 5%.
David Beckham, Brad Pitt, Robbie Williams and many other celebrities have purchased property in Dubai
Purchasers of property in Dubai are eligible to apply for a residence visa
Most properties are freehold
There are many advantages to investing your wealth offshore, and you may be interested in exploring some of the benefits of buying your property in Dubai through an offshore company.